BOSTON-Northwood investors secured $75 million of senior debt financing from Wells Fargo Bank for the purchase and renovation of the Radisson Boston Hotel. Holliday Fenoglio Fowler, L.P. arranged the four-year adjustable-to-fixed rate loan. The acquisition closed in October, nabbing the hotel and the 743-space parking garage for $143.5 million. A portion of the loan was used to fund this purchase.

"Boston is one of the most sought after markets in the lodging investment market due to its consistently high performance of occupancy and RevPAR increases," says HFF senior managing director Riaz Cassum in a release. "In addition, the lack of recent hotel construction financing means that no majore supply will come on-line for the next several years, providing a strong platform ofr rate growth."

The 28-story hotel, located at 200 Stuart St., boasts 358-rooms as well as a bistro—the Rustic Kitchen—an auditorium, 20,000 square feet of meeting space, a 490-seat theater and a 120-seat caf